1000NOT funding: questions and answers
What is the 1000NOT funding rate on Lighter now?
0.0012% per hour, or 10.5% APR: longs pay shorts; funding on Lighter is paid every hour.
How does 1000NOT funding on Lighter compare with Binance and Bybit?
1000NOT is not listed on Binance.
What has 1000NOT funding been on average?
On Lighter: 10.5% APR over 24 hours, 10.5% over 7 days and 10.5% over 30 days. Longs paid in 100% of the hours over the last 30 days.
What does high or negative 1000NOT funding mean?
High funding means the market is crowded with longs: holding a long is expensive and a fall can trigger a long squeeze. Negative funding means crowded shorts. Check who exactly is positioned and where their liquidations are on the whale positions page and the liquidation map.